services to investors continuously and clients’ digital assets are securely safeguarded.   The SEC requires that digital asset business operators have efficient risk management and be equipped to tackle

offering companies and listed companies on the SET and the mai. The proposed amendments would prohibit such companies from operating business as an investment company to clarify their permissible business

responsible entity to oversee the matter to ensure that they can provide services to investors continuously and clients’ digital assets are securely safeguarded.    The SEC requires that digital asset business

investment company, and to prevent legal evasion as well as to protect the interest of shareholders and investors. Essentially, the proposed amendments would:    (1)  Prohibit both Thai and foreign companies

regulation would prohibit digital asset business operators from:   (1) Accepting deposits of digital assets from the customers and lending, investing, staking or employing such digital assets; (2) Accepting

with the highest legal penalty. The SEC has sought the Court’s ruling (1) to impose a civil fine worth 1,000,000 baht on Mr. A, (2) to prohibit Mr. A from securities trading or entering into

highest legal penalty. The SEC has sought the Court’s ruling (1) to impose a civil fine worth 1,000,000 baht on {A}, (2) to prohibit {A} from securities trading or entering into derivatives contracts for

personal data will be retained at the central database that is safeguarded with proper security measures and access control. Hard copies of documents and printed materials will be scanned and stored in the